Electronics permeates all sectors of the economy and the electronics industry has cross-cutting economic and strategic importance. Currently valued at around USD 2 Trillion (2150 lakh crore), the global electronics market is expected to grow significantly given the increasing penetration of emerging technologies including 5G, IoT, Artificial Intelligence, Robotics, Smart Mobility, Smart Manufacturing, etc.
CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 21st December, 2021 vide Notification No. 100/2021 – Customs (N.T.), Dated: 20.12.2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 100/2021 – Customs (N.T.) New Delhi, dated the 20th December, […]
Officers of CGST Commissionerate, Bengaluru West detected a case of import of PV Inverters without payment of IGST and Customs Duty against Advance Authorization. The manufactured PV Inverters were then exported on payment of IGST and a refund of the same was claimed. The entire amount of the erroneously availed refund of more than Rs. 40 Crore has since been recovered.
Seeks to reduce BCD on Refined palm oil and its fractions from 17.5% to 12.5% till 31.03.2022 – Notification No. 53/2021-Customs, Dated: 20.12.2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 20th December, 2021 Notification No. 53/2021-Customs G.S.R. 869(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, […]
Central Civil Services (Pension) Rules, 2021 shall apply to the Government servants appointed on or before 31st day of December, 2003, including civilian Government servants in the Defence Services, appointed substantively to civil services and posts in connection with the affairs of the Union which are borne on pensionable establishments
The Free Import Policy of Tur/Pigeon Peas (Cajanus Cajan) (ITC(HS) 0713 60 00) and Urad [Beans of the SPP Vigna Mungo (L.) Hepper] (ITC(HS) 0713 3110) shall stand extended up to 31.03.2022.
SEBI has issued directions to Stock Exchanges having Commodity Derivatives Segment (Paras 2 to 4) in respect of trading in derivative contracts in following commodities:
Central Government hereby notifies Amendment to Notification dated 08.02.2017 for extension of deadline upto 31.03.2022 for Aadhar linking with ration card. Also Read: Deadline for Aadhar linking with ration card extended till 30.06.2022 MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION (DEPARTMENT OF FOOD AND PUBLIC DISTRIBUTION) NOTIFICATION New Delhi, the 20th December, 2021 S.O. […]
As you are aware, the new (seventh) edition of the Harmonized System (HS) nomenclature, HS-2022, shall come into force from 1st January, 2022. This edition has introduced significant changes to the Harmonized System with a total of 351 amendments at the six-digit level, covering a wide range of goods moving across borders.
In section 25 of the Central Vigilance Commission Act, 2003, in clause (d), the following provisos shall be inserted, namely: Provided that the period for which the Director of Enforcement holds the office on his initial appointment may, in public interest, on the recommendation of the Committee under clause (a) and for the reasons to be recorded in writing, be extended up to one year at a time:
